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Deribit bulk options data: A user bought put options for 60,000 at the end of October and sold put options for 64,000

Deribit bulk options data: A user bought put options for 60,000 at the end of October and sold put options for 64,000

Bitget2024/08/28 03:27

Lin Chen, the head of Deribit's Asia-Pacific business, posted on social media that today's largest ETH bulk option is: a user bought 60,000 put options at the end of October and sold 64,000 put options for a total of 257 BTC with an income from premiums of $510,000.

Lin Chen stated that if the coin price is 62,000 at the end of October it will be profitable with a coin-based income of 10.75%. Last night there were rumors that 30,000 BTC had been transferred to CEX (actually it was 130,000), causing obvious market panic. However, U.S. stocks actually performed well so overall risk can be controlled from a macro perspective.

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